Business
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The pandemic gave workers power. Now employers are taking it back
The federal government job was hybrid when Sarah Reynolds accepted it, meaning she could live in Hudson, Wisconsin, and work in St. Paul.
But within months of her landing in the Midwest — Reynolds’ fourth cross-country move for work in less than a decade — the federal government had called its employees to the office.
“This was not ...Read more

Where Wells Fargo plans to be 'more aggressive' seeking growth opportunities now
During Wells Fargo’s first earnings call since its $2 trillion asset cap was lifted, bank officials provided more details Tuesday about how they will grow and also improve company culture.
“When the asset cap was lifted, it’s not like this light switch is going to go off and all of a sudden things are going to dramatically change,” ...Read more

Silicon Valley Pain Index says poverty, inequality continue to plague South Bay
SAN JOSE, California — San Jose State University researchers unveiled new findings Wednesday that show poverty and inequality continue to plague Silicon Valley.
This year’s iteration of the Silicon Valley Pain Index, which provides more than two hundred statistics, aims to investigate “personal and community distress or suffering” in ...Read more

Chuck E. Cheese opens arcades for adults
For almost half a century Chuck E. Cheese has been a place “where a kid can be a kid.” But what happens when kids grow up?
Enter Chuck’s Arcade: a new concept branding itself as a place where an adult to be a kid.
One might think this concept would include beer and Chuck E. Cheese’s signature pizza alongside games. Several media ...Read more

Nvidia is the first $4-trillion company. Here are three things to know
Nvidia is already the world's most valuable company being one of the biggest beneficiaries of the global artificial intelligence boom.
This week, the Santa Clara, California-based chip maker got another windfall.
The Jensen Huang-led technology giant on Monday received approval from the U.S. government to sell some of its AI chips in China, ...Read more

What feud? SpaceX launches competitor Amazon's Project Kuiper satellites
Just because Elon Musk and Jeff Bezos aren’t the best of friends and Amazon’s Project Kuiper will directly compete with SpaceX’s Starlink satellites for broadband internet doesn’t mean everyone can’t get along.
A SpaceX Falcon 9 rocket launched at 2:30 a.m. Wednesday with 24 of Amazon’s satellites from Cape Canaveral Space Force ...Read more

Motormouth: RPM or RPMs?
Q: I'm writing about your recent column where you answered a PHEV break-in period question. Oh, no: You wrote "...2,000 and 4,000 RPMs."
"RPM" is already plural! Revolutions per minute. Argh. As a mechanical engineer, I see this all the time, even in technical literature; it's an epidemic! Thanks for your consideration and your great column.
...Read more

Chicago 'granny flats,' coach houses one step closer to citywide legalization with vote
CHICAGO — Aldermen advanced a measure that could legalize “granny flats” citywide with limited restrictions, a move advocates say will create more affordable housing.
The City Council’s Zoning Committee voted 13-7 to advance the additional dwelling unit ordinance. The result tees up a Wednesday vote by the full City Council, when ...Read more

Big change coming for Las Vegas poker players at Strip casinos
A change in how, and where, poker players cash out after gambling on the Strip will begin later this week.
Multiple casino operators on the Strip, including Caesars Entertainment, MGM Resorts International and Wynn Resorts, will only cash out poker chips from their properties, ending any preexisting arrangements for accepting poker chips from ...Read more

Rights to Fyre Festival sell for $245K on eBay
The rights to the troubled Fyre Festival brand have sold for only $245,000 in an eBay auction.
The sale included IP, brand trademarks and social media assets.
The auction received a total of 175 bids with the final bid coming in early Tuesday afternoon.
Organizer Billy McFarland announced he was selling the brand in April, roughly a week ...Read more

Justin Fox: A '100% American' farm workforce? That's delusional
Want a job picking fruit? There are thousands available right now on the U.S. Department of Labor’s Seasonal Jobs website. Orchard work paying $19.82 an hour in Washington, $17.96 in Pennsylvania and $15.87 in West Virginia. Berry planting and picking jobs at $19.97 an hour in California, $16.23 in Florida and $16.08 in Georgia.
Employers ...Read more

Beyond missing pets and packages: How Nextdoor plans to reshape its social network
Nextdoor, the once-hot social network for neighborhoods, wants to claw its way back to the top and prove that people can use the platform for more than just finding lost cats.
The San Francisco company's shares have plunged more than 80% since its market debut in 2021. Nextdoor shined brightly when people locked at home during the COVID-19 ...Read more

Victims of gift card scam sue Target, allege Minneapolis retailer profited from fraud
Four fraud victims who were tricked by con artists into buying Target gift cards as part of scams allege the retailer is purposefully failing to catch criminals because the company profits from selling ill-gotten merchandise.
The victims, all residents of Pennsylvania, on Monday filed a putative class-action lawsuit against Minneapolis-based ...Read more

Chicago Board of Election workers should not be barred from unionizing, judge finds
The Chicago Board of Election Commissioners had previously argued that the state’s election code barred its employees from forming a union. But the law shouldn’t be read that way, administrative law Judge Anna Hamburg-Gal found in an order Monday that paves the way for official recognition of the union.
City elections workers, including ...Read more

Stellantis brings back sales leader Stoicevich to work with dealers
Stellantis NV's new CEO Antonio Filosa continues to tweak his North American leadership team, with the latest move bringing back veteran sales executive Jason Stoicevich to work with regional dealers.
Stoicevich had briefly been the American sales chief last year before departing for personal reasons. After a stint as a vice president at ...Read more

US home prices are losing steam with most big markets below peak
The U.S. housing market is close to stalling out, with prices in more than half the country’s top 100 housing markets now below their peak, according to the latest data from Intercontinental Exchange.
The annual nationwide price increase slowed to 1.3% in June, the slowest pace in two years and down from 1.6% the previous month, ICE’s ...Read more

State Farm defends hefty 27.2% hike in Illinois homeowners insurance rates
Challenged by everyone from consumer groups to Gov. JB Pritzker over its imminent 27.2% homeowners insurance rate increase in Illinois, State Farm faces the question: Will it seek to defend its widely criticized decision?
The answer: hail yes.
Citing more frequent extreme weather events such as wind, hail and tornados, insufficient premiums to...Read more

US core CPI rises less than expected again despite tariff impact
Underlying U.S. inflation rose by less than expected for a fifth month in June even as the details signaled companies are beginning to more meaningfully pass some tariff-related costs to consumers.
The consumer price index, excluding the often volatile food and energy categories, increased 0.2% from May, according to Bureau of Labor Statistics ...Read more

Step inside FedEx's huge new distribution hub at Detroit Metro Airport
ROMULUS, Michigan — One recent afternoon at FedEx’s new massive distribution hub, packages moved swiftly along an automated conveyor system as they were scanned, sorted, and prepped to be flown to their next destination.
The sounds of automated machinery filled the 300,000-square-foot facility — nearly twice the size of the previous ramp ...Read more

It's peak season in Malibu, but these small businesses are still struggling after the Palisades fire
LOS ANGELES — Six months after the Palisades fire roared down Pacific Coast Highway, the Country Kitchen in Malibu is open for business, but many customers have yet to return.
The no-frills eatery features a few outdoor tables and ocean views, nestled in a narrow parking lot alongside a liquor store and gift shop. The restaurant, which opened...Read more
Popular Stories
- Justin Fox: A '100% American' farm workforce? That's delusional
- Big change coming for Las Vegas poker players at Strip casinos
- Rights to Fyre Festival sell for $245K on eBay
- Chicago 'granny flats,' coach houses one step closer to citywide legalization with vote
- US core CPI rises less than expected again despite tariff impact